HOVDEN FRILUFTSENTER AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

−268,57 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	586 000	1 271 000	1 754 000	1 049 000
Net Income	−94 000	48 000	−76 000	49 000
Total Assets	282 000	260 000	195 000	203 000
Total Equity	35 000	128 000	81 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	586 000	1 271 000	1 754 000	1 049 000
Expenditure	679 000	1 229 000	1 824 000	978 000
Operating Profit	−93 000	42 000	−70 000	70 000
Financial Income	2 000	1 000	5 000	0
Financial Costs	3 000	9 000	12 000	5 000
Financial Balance	−1 000	−8 000	−7 000	−5 000
Earnings Before Tax	−94 000	34 000	−76 000	66 000
Tax	0	−13 000	0	16 000
Net Income	−94 000	48 000	−76 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	63 000	0	0
Total Current Assets	242 000	198 000	195 000	203 000
Total Assets	282 000	260 000	195 000	203 000
Total Retained Equity	−70 000	23 000	−24 000	52 000
Total Equity	35 000	128 000	81 000	157 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	247 000	132 000	114 000	46 000
Total Equity and Debt	282 000	260 000	195 000	203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	531 000	1 131 000	1 754 000	1 034 000
Other Income	55 000	140 000	0	15 000
Revenue	586 000	1 271 000	1 754 000	1 049 000
Cost of Goods Sold	437 000	998 000	1 402 000	588 000
Salary Costs	2 000	2 000	123 000	196 000
Depreciation	24 000	8 000	0	25 000
Impairment	0	0	0	0
Expenditure	679 000	1 229 000	1 824 000	978 000
Operating Profit	−93 000	42 000	−70 000	70 000
Financial Income	2 000	1 000	5 000	0
Financial Costs	3 000	9 000	12 000	5 000
Financial Balance	−1 000	−8 000	−7 000	−5 000
Dividends	0	0	0	0
Net Income	−94 000	48 000	−76 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	63 000	0	0
Total Tangible Assets	39 000	63 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	63 000	0	0
Stock	33 000	93 000	117 000	117 000
Total Investments	0	0	0	0
Cash, Bank	82 000	74 000	29 000	67 000
Total Current Assets	242 000	198 000	195 000	203 000
Total Assets	282 000	260 000	195 000	203 000
Total Equity	35 000	128 000	81 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	16 000	21 000	7 000
Unpaid Taxes	30 000	21 000	14 000	1 000
Dividends	0	0	0	0
Other Current Debt	203 000	90 000	79 000	22 000
Total Current Debt	247 000	132 000	114 000	46 000
Total Equity and Debt	282 000	260 000	195 000	203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−268,57 %	37,5 %	−93,83 %	31,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,87 %	3,3 %	−3,99 %	6,67 %
Current Ratio	0,98	1,5	1,71	4,41
Quick Ratio	1,13	5,08	−65	−2,86
Equity Ratio	0,12	0,49	0,42	0,77
Gross Profit Margin	25,43 %	21,48 %	20,07 %	43,95 %